About this home
Seller financing available!! Interest only financing for 3 years at 4.95% interest rate for full prices offers with a 50% down payment. This unit is expected to have north of $80,000 in rental income this year!!! LOWEST PRICED 2/2 newly built condo in all of 34102!! Rental property management will continue for the new owners for 15% ALL 5 STAR REVIEWS!!! Positioned in the heart of downtown Naples and just eight blocks from the Gulf of America, this 2021 built two bedroom, two bathroom condo offers an exceptional location paired with rare daily rental flexibility. The ability to rent up to 365 times per year allows for daily rentals, creating a significant advantage in the Naples market. This level of rental allowance provides owners with the opportunity to generate income throughout the year, including during peak season, holidays, and special events. Daily rental capability supports shorter stays that align with strong visitor demand in the downtown Naples area, while also allowing owners to balance personal use with rental opportunities without long minimum stay requirements. Its prime setting places it near the beach as well as the shopping, dining, and cultural attractions that define the Naples lifestyle. Fifth Avenue South and Third Street South are nearby, offering a wide range of restaurants, boutiques, galleries, and cafes. Cambier Park, the Naples Pier, and numerous local events contribute to the area’s active and desirable atmosphere year round. The neighborhood blends residential streets with vibrant commercial districts, appealing to both full time residents and visitors. Proximity to the beach and downtown amenities further supports consistent rental demand and enhances the value of this central Naples address. Built in 2021, the property combines recent construction with a highly sought after location. The condo features a well planned layout with two separate bedrooms and two bathrooms, providing comfortable day to day living along with flexibility for guests. It is offered fully furnished, allowing for immediate occupancy. Finishes and furnishings reflect a contemporary style that complements the newer construction, creating a clean and cohesive interior throughout. A covered parking space located beneath the building adds convenience and protection from the elements. In a downtown setting where parking can be limited, this feature provides an added level of ease. Secure building access and modern construction standards further contribute to the overall appeal. Current owner is getting a tax deduction of $325k, new owner could be eligible for even more. check with your accountant.
Listing last checked: Listing updated:
Listed by Shasta DeGraw, Lauren Trethewey · Realty One Group MVP · MLS #226005375
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Details at a glance
Interior4 property facts
- Rooms
- 0
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Tile, Wood
Building4 property facts
- Style
- Condominium
- Year built
- 2021
- Garage
- 0
- Roof
- Built-Up, Flat
Land & utilities3 property facts
- Lot size
- 0 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $8,549
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,149,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$6,522 / monthAdjust
- Principal & interest
- $5,810
- Property tax
- $712
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $8,549. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$1,095,000 · Sold $975,000 · Sep 4, 2024
- Sld
$1,245,000 · Sold $1,200,000 · Jun 22, 2022
- Sld
$835,000 · Sold $835,000 · Oct 19, 2018
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About 101 8th Street S #201
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Request a tour of 101 8th Street S #201 and a Bean Group agent will help coordinate an available time with the listing side.
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